Does the .xn--5tzm5g domain exist?

Yes. .xn--5tzm5g is a live top-level domain in the IANA root zone.

Does .网站 (.xn--5tzm5g) exist?

Yes. .网站 (.xn--5tzm5g) is a real top-level domain, live in the IANA root zone right now.

See the .网站 (.xn--5tzm5g) page for what kind of TLD it is. Note that existing in the root doesn’t always mean anyone can register one — some TLDs are brand-restricted.

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This answer is generated from the live IANA root zone list, not from vibes. If the DNS changes, this page changes.